NTD Business (Aug. 3): Number of Audits Could Increase as IRS Goes Fully Digital: Analysis

Don Ma
By Don Ma
August 3, 2023NTD Business
share

The U.S. Internal Revenue Service (IRS) plans to allow taxpayers to submit all documents and correspondence to the agency digitally for the 2024 tax filing season and will convert all paper tax returns to digital documents by the 2025 season, the Treasury Department said on Wednesday.

The initiative, part of a decade-long, $60 billion program to modernize systems and improve tax enforcement, will allow taxpayers to digitally submit all correspondence, non-tax forms, and responses to IRS notices, the Treasury said.

ntd newsletter icon
Sign up for NTD Daily
What you need to know, summarized in one email.
Stay informed with accurate news you can trust.
By registering for the newsletter, you agree to the Privacy Policy.
Comments